COOR Service (Sweden) Probability of Future Stock Price Finishing Over 53.41
| COOR Stock | SEK 33.84 0.20 0.59% |
COOR |
COOR Service Target Price Odds to finish over 53.41
The tendency of COOR Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move over kr 53.41 or more in 90 days |
| 33.84 | 90 days | 53.41 | near 1 |
Based on a normal probability distribution, the odds of COOR Service to move over kr 53.41 or more in 90 days from now is near 1 (This COOR Service Management probability density function shows the probability of COOR Stock to fall within a particular range of prices over 90 days) . Probability of COOR Service Management price to stay between its current price of kr 33.84 and kr 53.41 at the end of the 90-day period is about 90.6 .
Assuming the 90 days trading horizon COOR Service has a beta of 0.39 suggesting as returns on the market go up, COOR Service average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding COOR Service Management will be expected to be much smaller as well. Additionally COOR Service Management has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. COOR Service Price Density |
| Price |
Predictive Modules for COOR Service
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as COOR Service Management. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.COOR Service Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. COOR Service is not an exception. The market had few large corrections towards the COOR Service's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold COOR Service Management, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of COOR Service within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.33 | |
β | Beta against Dow Jones | 0.39 | |
σ | Overall volatility | 4.75 | |
Ir | Information ratio | -0.16 |
COOR Service Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of COOR Service for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for COOR Service Management can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| COOR Service generated a negative expected return over the last 90 days | |
| COOR Service has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| COOR Service Management has accumulated 2.19 B in total debt with debt to equity ratio (D/E) of 118.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. COOR Service Management has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist COOR Service until it has trouble settling it off, either with new capital or with free cash flow. So, COOR Service's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like COOR Service Management sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for COOR to invest in growth at high rates of return. When we think about COOR Service's use of debt, we should always consider it together with cash and equity. | |
| Over 76.0% of COOR Service shares are held by institutions such as insurance companies |
COOR Service Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of COOR Stock often depends not only on the future outlook of the current and potential COOR Service's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. COOR Service's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 95.2 M | |
| Cash And Short Term Investments | 628 M |
COOR Service Technical Analysis
COOR Service's future price can be derived by breaking down and analyzing its technical indicators over time. COOR Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of COOR Service Management. In general, you should focus on analyzing COOR Stock price patterns and their correlations with different microeconomic environments and drivers.
COOR Service Predictive Forecast Models
COOR Service's time-series forecasting models is one of many COOR Service's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary COOR Service's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about COOR Service Management
Checking the ongoing alerts about COOR Service for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for COOR Service Management help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| COOR Service generated a negative expected return over the last 90 days | |
| COOR Service has high financial leverage indicating that it may have difficulties to generate enough cash to satisfy its financial obligations | |
| COOR Service Management has accumulated 2.19 B in total debt with debt to equity ratio (D/E) of 118.1, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. COOR Service Management has a current ratio of 0.85, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist COOR Service until it has trouble settling it off, either with new capital or with free cash flow. So, COOR Service's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like COOR Service Management sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for COOR to invest in growth at high rates of return. When we think about COOR Service's use of debt, we should always consider it together with cash and equity. | |
| Over 76.0% of COOR Service shares are held by institutions such as insurance companies |
Additional Tools for COOR Stock Analysis
When running COOR Service's price analysis, check to measure COOR Service's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy COOR Service is operating at the current time. Most of COOR Service's value examination focuses on studying past and present price action to predict the probability of COOR Service's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move COOR Service's price. Additionally, you may evaluate how the addition of COOR Service to your portfolios can decrease your overall portfolio volatility.